NewEnergyNews: THE LACK OF VISION SOLUTION/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, February 15, 2008

    THE LACK OF VISION SOLUTION

    As if there was no such thing as climate change and the supply of oil and gas was endless, this editorial suggests the solution to rising U.S. energy costs and demand is more drilling. Even Bush administration Energy Secretary Samuel Bodman has more vision than that. (See ENERGY SECURITY REQUIRES NEW ENERGY: DOE)

    IBD: “No one thing will solve our energy problems. But many, taken together, can. The key is to think both supply and demand.” True enough. But how in the world can an editorial be about increasing energy supply without mentioning a word about New Energy?

    The editorial attacks the recent economic stimulus package for not creating jobs but says nothing about Congressional refusal to extend New Energy incentives, leaving 116,000 jobs in jeopardy and obstructing the creation of millions more.

    The political tenor of the editorial becomes clear when it challenges Republican presidential candidate John McCain to show his conservative values by reversing his opposition to oil drilling in protected areas like Alaska and offshore. It will be interesting to see if McCain rises to this bait.


    There is very little debate about which direction consumption is going. (click to enlarge)

    Our Energy Deficit
    February 8, 2008 (Investor’s Business Daily via Yahoo News)

    WHO
    Business-oriented daily journal Investor’s Business Daily (IBD)

    WHAT
    IBD lays out the by-now familiar energy challenges of high costs, dependence on Arabian Gulf supplies and rising worldwide competition for ever-scarcer fossil fuel resources. It then proposes the only reasonable answer: Get more energy. Yet its lack of any real vision is evident in the fact that it barely mentions New Energy. IBD wants to build nuclear plants and stop putting oil into the Strategic Petroleum Reserve. It calls for outlawing older cars and subsidizing hybrids but makes no mention of plug-in hybrids or electric cars.

    After eliminating the energy sources that em,it and the ones that are too dangerous, New Energy is the only logical option to fill the growing energy deficit - but IBD doesn't mention it. (click to enlarge)

    WHEN
    - 1973: Imports were 1/3 of U.S. oil consumption. Presently, imports are 2/3 of U.S. oil consumption and rising.
    - In the next 25 years, there will be a 30% increase in energy demand that would require a $4 trillion investment to meet, according to the National Petroleum Council. (While the 30% figure is pretty widely accepted, the investment amount probably only pertains to fossil fuel development, possibly only oil and gas development.)

    WHERE
    - $400 billion per year is spent outside the U.S. (the Mideast, Russia, Africa, Latin) America on oil.
    - The editorial calls for opening Alaska’s ANWR, federal protected lands and offshore regions to new oil and gas exploration and production.

    IBD likes nuclear. Others don't. (click to enlarge)

    WHY
    - IBD reports there are 40 billion barrels of oil, 250 trillion cubic feet of gas and 1.2 trillion barrels of oil equivalent in the form shale deposits in the restricted regions.
    - The proposal to outlaw older, gas guzzling cars and subsidize hybrids makes no mention of the truly mold-shattering impact plug-in hybrid electric cars will soon have on U.S. energy consumption.
    - The call for new nuclear plant construction makes skips gaily over potential dangers, waste disposal costs and problems or the enormous cost of construction and insurance.

    IBD is a renowned and respected business publication, perhaps not because of its vision. (click to enlarge)

    QUOTES
    - IBD, on Congress’ resistance to allowing drilling in the restricted areas: “This is madness, writ large.”
    - Roy Innis, noted civil rights leader/chemist: "Onshore and offshore public lands could hold enough oil to produce gasoline for 60 million cars and fuel oil for 25 million homes for 60 years -- and enough natural gas to heat 60 million homes for 160 years." (NewEnergyNews: odd choice for IBD to quote. What is the back story?)

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